Risk….every organization has some level of risk with customer/vendor relationships. If you are the Contract Manager your goals are to protect the organization and reduce or eliminate exposure to loss by identifying, assessing and monitoring contract risk on behalf of your organization. If the Contract Manager and those who draft and negotiate the contract are not working together to identify potential risks and associated losses then your organization is left exposed to risk. The key to success is to work together to identify these potential risks and associated losses and make sure your organization is protected with the inclusion of relevant contract language.
This podcast is based from The Contract Professional's Playbook eLearning Program, if you would like to learn more about The Contract Professional’s Playbook and eLearning Program follow the link below. https://jeanettenyden.simplero.com/
If you would like to watch the video follow this link to my YouTube channel to view the video.